Supply to lost load appears restored in Victoria … but Loy Yang A will take longer

Here’s a snapshot from NEMwatch at the 14:15 dispatch interval (remember NEM time!) that is useful to highlight four things:

2024-02-13-at-14-15-NEMwatch-screenshot

At this point we see:

1)  Prices have been at the Market Price Cap in VIC and TAS since the event;

2)  We can clearly see the ~1,000MW loss of demand … but that appears to have been returned (or perhaps it’s other demand driven by the temperature?)

3)  The supply from brown coal (including the tripped Loy Yang A) is down and will take longer to return.

4)  It’s still hot in parts of VIC (so questions about what comes later if Loy Yang A not back by evening peak)!

… so no surprise that the AEMO has started RERT Negotiations.

About the Author

Paul McArdle
Paul was one of the founders of Global-Roam in February 2000. He is currently the CEO of the company and the principal author of WattClarity. Writing for WattClarity has become a natural extension of his work in understanding the electricity market, enabling him to lead the team in developing better software for clients. Before co-founding the company, Paul worked as a Mechanical Engineer for the Queensland Electricity Commission in the early 1990s. He also gained international experience in Japan, the United States, Canada, the UK, and Argentina as part of his ES Cornwall Memorial Scholarship.

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